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Forex: EUR/USD below 1.3600, Sentix eyed

The bearishness surrounding the euro continues to accelerate on Monday, ahead of the investor confidence in the euro zone, gauged by the Sentix index. Market consensus expects the index to improve to -3.6 for the month of February from -7.0 previous.

After dipping to the proximity of 1.3590, the single currency is now trading back at 1.3600, losing 0.36% with the immediate support at 1.3574 (hourly low Feb.1) followed by 1.3542 (low Jan.31).
On the flip side, a break above 1.3815 (high Nov.14) would bring 1.3833 (61.8% of 2011-2012 decline).

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